Question
A, B, and C are partners of a partnership firm ABC & Co. The firm is a dealer in office furniture. A was in charge
A, B, and C are partners of a partnership firm ABC & Co. The firm is a dealer in office furniture. A was in
charge of purchase and sale, B was in charge of maintenance of accounts of the firm and C was in charge
of handling all legal matters. Recently through an agreement among them, it was decided that A will be in
charge of maintenance of accounts and B will be in charge of purchase and sale. Being ignorant about such
agreement, M, a supplier supplied some furniture to A, who ultimately sold them to a third party. Referring
to the provisions of the Partnership Act, 1932, please advise following:
- Whether M can recover money from the firm.
- What will be your advice in case M was having knowledge about the agreement?
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